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Constellation Energy CEG Net gains (losses) on investments

Net gains (losses) on investments at other companies

Nextra Energy logo
Nextra EnergyNEE
$333M+88.1%
Hut 8 Mining Corp. logo
Hut 8 Mining Corp.HUT
$6.43M+371%
Ormat Technologies logo
Ormat TechnologiesORA
$2.62M
Clearway Energy, Inc. logo
Clearway Energy, Inc.CWEN
$5M0.0%

Other financials

Income statement

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Revenue$7.5B+23.0%
Operating income$580.0M-39.0%
Net income$513.0M-38.9%
EPS (diluted)$1.42-46.8%

Balance sheet

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Cash & equivalents$697.0M-64.7%
Total debt$24.3B
Total assets$98.3B

Cash flow

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Operating cash flow$1.1B-23.6%
CapEx$1.2B+62.5%
Free cash flow-$118.0M-117%

Valuation

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Market cap$95.82B-8.7%
Enterprise value$119.46B
P/E31.3×
P/S

Profitability

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Operating margin13.7%
Net margin9.7%
FCF margin-3%

Returns & leverage

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Current ratio1.5×

Where this comes from

Reported directly by Constellation Energy in its filing.

Tagged under the XBRL concept us-gaap:EquitySecuritiesFvNiUnrealizedGainLoss.

The source filing: Constellation Energy’s 10-Q, filed November 8, 2022.

Filed
Nov 7, 2022, 7:00 PM EST
Fiscal quarter
Q3 FY2022
Calendar quarter
Q3 2022
Accession
0001868275-22-000094
(In millions)Nine Months Ended September 30, 2022Nine Months Ended September 30, 2021
Deferred income taxes and amortization of investment tax credits(915)(204)
Net fair value changes related to derivatives544(1,244)
Net realized and unrealized losses (gains) on NDT funds1,032(383)
Net unrealized loss on CTV investments2783
Other non-cash operating activities304(582)
Changes in assets and liabilities:
Accounts receivable(150)(207)
Receivables from and payables to affiliates, net2082

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Constellation Energy's net gains (losses) on investments?
Constellation Energy (CEG) reported net gains (losses) on investments of -$2M in Q3 2022.
What does net gains (losses) on investments mean?
Realized and unrealized gains/losses on investments removed from operating cash flow since they're investing-related.

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